Shares tank after shock US rate cut: Dow falls 786 points as Trump urges Fed to do more and Carney vows help for UK firms By Hugo Duncan for the Daily Mail Published: 23:17 GMT, 3 March 2020 | Updated: 23:17 GMT, 3 March 2020 Shares on Wall Street tumbled last night after the first … Read more
DIRECTOR’S DEALS: New Reckitt Benckiser boss Laxman Narasimhan buy’s £1m worth of company shares By Daily Mail City & Finance Reporter Published: 23:17 GMT, 3 March 2020 | Updated: 23:17 GMT, 3 March 2020 The new boss of Strepsils owner Reckitt Benckiser has bought 17,241 shares in the company for £1million. Laxman Narasimhan, who joined … Read more
Lidl crowned the fastest growing UK supermarket with sales rising 11.4% in the last three months By Tom Witherow For The Daily Mail Published: 23:18 GMT, 3 March 2020 | Updated: 23:18 GMT, 3 March 2020 Lidl is now the fastest-growing supermarket in Britain, according to the latest market data. Sales at the German discounter … Read more
BT probes claims equipment supplier Huawei has been linked to modern slavery in China By Daily Mail City & Finance Reporter Published: 23:18 GMT, 3 March 2020 | Updated: 23:18 GMT, 3 March 2020 BT is probing claims that controversial equipment supplier Huawei has been linked to slavery in China. The telecoms giant’s probe comes … Read more
Following months of turbulent trading, NMC Health, Tui and Kingfisher are all set to lose their spots on the prestigious FTSE 100. They will be expelled from the blue-chip index this month in the next reshuffle, which is based on last night’s prices. FTSE Russell conducts a reshuffle every quarter to ensure major indices contain … Read more
Shareholders in Serco are getting their first dividend in six years after the outsourcing giant triumphantly returned to growth. It will pay investors 1p per share after its recovery plans finally hit ‘escape velocity’, with boss Rupert Soames hailing it as an important milestone. The payout has been a long time coming, and lifted shares … Read more
Now crisis-hit NMC Health fires chief exec after investigators find ‘potential discrepancies’ on its balance sheet By Daily Mail City & Finance Reporter Published: 21:54 GMT, 26 February 2020 | Updated: 21:54 GMT, 26 February 2020 NMC Health said it had removed Prasanth Manghat ‘with immediate effect’ Crisis-hit NMC Health has fired its chief executive … Read more
Prudential bosses in shake-up talks BEFORE hedge fund called for a break-up By Lucy White For The Daily Mail Published: 21:55 GMT, 26 February 2020 | Updated: 21:55 GMT, 26 February 2020 Prudential was planning a major overhaul before US hedge fund Third Point demanded a break-up this week. The 172-year-old life insurer, which is … Read more
Builder Taylor Wimpey hails its own Boris bounce claiming confidence is growing among buyers By Daily Mail City & Finance Reporter Published: 21:56 GMT, 26 February 2020 | Updated: 21:56 GMT, 26 February 2020 Taylor Wimpey boss Pete Redfern has hailed a positive start to 2020 Housebuilder Taylor Wimpey has hailed the ‘clearer political outlook’ … Read more
Jury told to ignore bankers’ bonuses as they decide fate of three ex-Barclays executives accused of fraud By Daily Mail City & Finance Reporter Published: 21:56 GMT, 26 February 2020 | Updated: 21:56 GMT, 26 February 2020 Three Barclays executives on trial at the Old Bailey deny funnelling fees to Qatari investors to secure emergency … Read more